01
Feb
09:42
Chinese steelmakers form new 60mt company
Northwest Union Iron & Steel Company was officially established in Xixian New Area in Shaanxi province on 28 January, with a registered capital of CNY 1 billion ($154.79 million). Six major steel enterprises in the region initiated the company, and now it contains nine steelmakers.
Kallanish notes that the six founders are Shaanxi Iron & Steel Group (Shaangang), Shanxi Jianlong, Shanxi Jinnan Steel Group, Shanxi Jingcheng Steel Holding Group (Jingang)…
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Anonymous
Very good overview of the weekly steel market.
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